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Worcester 2016 Mid-Year Report

Want to know how the Worcester, Massachusetts real estate market is doing? In this Mid-Year report we’re looking at home sales in Worcester for the first half of 2016 versus the first half of 2015 and how the market is currently performing.

Worcester_mid-year-report_2016

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As of June 30th, a total of 931 homes sold in Worcester at an average sale price of $192,588. (These numbers include single-family homes, condominiums, and multi-family sales combined). The number of home sales are up 43.8% from this same time period in 2015 when 702 total homes were sold.

Homes Listed in Worcester:

From January 1st to June 30th, there were 1,323 homes listed on the market, down 6.9% compared to 1,421 within the same date range in 2015.

Homes Pending in Worcester:

From January 1st to June 30th, there were 1,237 homes that went pending (contract accepted) up 17.6% compared to 1,052 within the same date range in 2015.

The Worcester market is making strides and continues to be a strong market, with increases higher than the average in the state of Massachusetts as illustrated in our 2016 Mid-Year report.